UFP Industries Acquires Ultra Aluminum Manufacturing
UFP Industries, Grand Rapids, Mi., announced that its subsidiary, Decorators, Inc., has acquired Ultra Aluminum Manufacturing, Inc., a leading manufacturer of aluminum fencing, gates, and railing for $25 million, including $2 million that will be paid if certain future performance goals are met.
“This transaction adds aluminum fencing to our current lineup of vinyl and wood fencing, and strengthens our commitment to bringing customers more choice and product innovation,” said Landon Tarvin, vice president of Deckorators. “Ultra has a diverse product line, including railing, a loyal and diversified national customer base, and a reputation for quality and professionalism that leads the industry. We’re thrilled to have them as a complement to our existing Deckorators deck and railing business.”
Ultra had trailing 12-month sales through November 2021 of approximately $46 million. Ultra President Russ Springborn and Vice President of Business Development Dave Stewart will continue in leadership roles.